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1 bed apartment in Merton

Esquiline Lane, London, CR4 1GH

Available Now

Full price £260,000 / minimum share £195,000 (75%)

One bedroom first floor flat, in the London Borough of Merton - Viewing Saturday 28 May & 4 June

Affordable housing scheme: resales ('part buy part rent' on 2nd hand homes)

Budget calculator

Estimated total monthly cost£925

(includes: rent£105,

service charge£60,

estimated mortgage£760)

One bedroom first floor flat, in the London Borough of Merton, available to buy through Shared Ownership. Full market value £260,000. 75% share available, share price £195,000.

Key features

  • Juliette balcony over looking the parkland


Monthly fees

Rent £105.18

Service Charge £60*

Administrative fee £13.13

Ground rent £16.16

The rent may increase each year, the increase calculation will be specified in the lease.


Viewing Saturday 28 May & 4 June by appointment only. Call 020 3815 1234 to arrange your appointment today.

NB: If the viewing date has expired this property may be in the process of being allocated. Availability is subject to change.

Details correct as at April 2016

Notting Hill Housing property reference No: JUP1160

* Service Charge payable to Hallmark Managing Agent.


Accessibility Rating: F - General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.

Eligibility

You will need to be earning a guidance income of at least £58,900. You will also need access to savings of £4,000 to cover the cost of buying the home and a minimum 10% deposit (approx. £19,500). Total savings required £23,500.

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

Ground floor
Communal entrance hall with stairs leading to the first floor

First floor
Hallway, living room/kitchen, bedroom and bathroom

External
None

GIA
51 square metres as per RICS valuation

Accessibility rating
F – general needs

EPC rating
B

Length of lease
96 years

Borough
Merton

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Share to Buy Ltd is authorised and regulated by the Financial Conduct Authority. FCA register number 306800. You can find more detail on our status in our Initial Disclosure Document [109k] and Terms of Business.

For further information, contact us or write to: Share to Buy, PO Box 11998, Sudbury CO10 3BS. Registered in England and Wales no: 04909788.